$1,749,900 - 40 Premier Road, Hamilton
Detached for Sale in Hamilton
137 days on market- MLS Number
- X12422741
- Property Type
- Detached
- Status
- active
- Days on Site
- 137
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
Welcome to this fabulous 2,835 square foot Waterdown home with a fully finished basement and a stunning backyard oasis! Located within walking distance to schools, parks, shopping, restaurants and the YMCA, this special home truly has it all. This beautifully updated property features hardwood flooring and smooth ceilings with pot lights on the main level, along with striking 24" x 48" ceramic tiles that extend from the foyer through to the kitchen and family room. The updated kitchen is a showstopper with an abundance of white cabinetry, beautiful quartz counters and a massive 15' x 5' island with seating, drawers, electrical and pendant lighting over top - perfect for entertaining! The open-concept layout seamlessly connects the kitchen to the family room and overlooks the private, landscaped backyard. Additional main floor highlights include a den/office, a renovated powder room, a custom barn door to the laundry room and direct access to the backyard from the kitchen. Upstairs, you'll find a spacious computer niche (large enough for a piano!). Enjoy the huge primary suite with a sitting area, a walk-in closet with custom organizers and a luxurious renovated ensuite featuring a freestanding tub, double vanity and a glass-enclosed shower. All bedrooms are generously sized with two sharing a convenient Jack and Jill bathroom. Not to be forgotten is the beautifully renovated main bathroom with double vanity. The fully finished basement offers a rec room, 3-piece bathroom, bedroom and a versatile playroom (currently set up as a bedroom). Outside, enjoy your private retreat with an inground heated pool, stone patio sitting area, mature trees for ultimate privacy and gorgeous landscaping front and back. The dramatic paver stone driveway with inlay adds to the curb appeal. RSA.
Estimate your monthly payments for this property
Estimated Payment
$7,740.40/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Hamilton
Hamilton is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Hamilton
- •Convenient location in Hamilton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Hamilton offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
40 Premier Road, Hamilton
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $700/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 137 days on site, this property has exceeded the typical selling timeline for Hamilton. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Hamilton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Hamilton.
Bathroom Count Matters
With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Hamilton properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $7,291 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.